Washington News

Nigeria gets World Bank guarantee for power plant to boost supply by almost 10%

Nigeria gets World Bank guarantee for power plant to boost country's supply by almost 10%

Nigeria moved closer to finishing a power plant expected to boost the country’s supply by almost 10 percent when it signed a financing agreement with the World Bank on Friday.

Luanda, Angola’s capital city. Angola is rich in national resources, particularly oil and gas.

Angola's capital Luanda remains 'most expensive city' for expats in Mercer's 2015 Cost of Living ranking

The Angolan capital, Luanda, remains the world’s most expensive city for expatriates, according to an annual survey by consultancy Mercer.

Ilyas Dawaleh was a businessman before be entered politics and rose to become Djibouti’s Minister of Economy and Finance. Antonie Robertson / The National

Ilyas Dawaleh: The man who wants to make Djibouti the next Dubai

Ilyas Dawaleh has an ambition: he wants to make his country the Dubai of Africa, and he is getting plenty of help from the UAE to help him achieve that.